The Australasian Railway Association (ARA) recently conducted a member survey of rail suppliers, contractors and freight operators on the impact of COVID-19 to their business. They have now released their report of findings – Preparing for Recovery.
The survey found maintaining current projects was the most important action governments could take to support the rail industry. But it also uncovered new opportunities for local business and industry, with three quarters of businesses planning changes to their supply chain expecting to increase their use of local suppliers.
Respondents’ top three concerns were the financial impact on their operations, a slowing or reduction in government infrastructure projects and the potential for an Australian recession.
For more information, click the link below to read the report:
Click below to read the full media statement: